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S’pore Paincare privatisation bid fails as conditions were not met

December 08, 2025

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The Straits Times

Credit facilities between offeror Advance Bridge Healthcare and UOB also lapse

S’pore Paincare privatisation bid fails as conditions were not met

Catalist-listed medical services company Singapore Paincare in May received a privatisation offer of 16 cents per share from Advance Bridge Healthcare.

(SINGAPORE PAINCARE)

A privatisation offer for medical services company Singapore Pain-care has fallen through as the offeror, Advance Bridge Healthcare, was unable to satisfy the conditions of the scheme of arrangement by its expiry date of Nov 27.

The companies added on Dec 5 that the credit facilities between Advance Bridge Healthcare, a management consultancy for healthcare services, and UOB also lapsed after Nov 27.

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